• Now more accessible, Bitcoin strikes record high above $69,000
    Bitcoin has enjoyed an unbridled rise since the approval of a new type of investment indexed to the cryptocurrency. Since their approval on January 10 by US securities regulators, exchange-traded funds (ETFs) indexed to bitcoin have theoretically enabled a wider public to invest in the cryptocurrency without having to hold it directly.

    The expected approval of the new investment product had contributed in recent months to a rise in its price.

    The industry sees the entrance of ETFs on the US market as proof of the growing interest from institutional investors in cryptocurrencies.

  •

    UAE, Saudi Arabia realty growth trumps Covid-19

    Timely preventive measures such as vaccination of frontline construction workers, embracing new technologies , financial stimulus packages, loan relaxation and other strategies dented the effects of Covid-19 on real estate sector.
    Business
  • The OPEC and its allies in OPEC+ always strive to ensure balance in market fundamentals between supply and demand, to avoid an accumulation in global oil inventories that could lead to instability and speculative activities in global markets, says UAE’s Minister of Energy and Infrastructure.
    The international oil bloc’s technical team constantly monitors variables in global oil markets and presents its recommendations to the ministerial committee to make appropriate decisions, which can help improve market stability and drive sustainable growth, adds Suhail bin Mohammed Al Mazrouei.
  • Trends Mena
    Economy

  • TRENDS STAFF

  •
    Food dispatch app Uber Eats launches robot deliveries in Tokyo
    Uber Eats' boxy robots have square headlights for eyes and three wheels on each side to navigate kerbs as they calculate routes on their own, using sensors to avoid pedestrians and other obstacles.Like self-driving delivery services launched by the company in North America, the Tokyo robots will be limited in scope at first, said Uber...
  • Houthis attack ship listed as ‘Israeli-affiliated’ off Yemen
    Yemen's Houthi rebels, who since November have fired drones and missiles at numerous ships in the Red Sea area vital for world trade, claimed responsibility for the latest incident. They say their campaign is in solidarity with Palestinians in the Gaza Strip where Israel is battling Hamas fighters.

    The UKMTO reported an incident in a similar location at 91 nautical miles southeast of Aden

    The British agency said the ship's master had reported two explosions

No posts found.

No posts found.

  •
    Above-normal temperatures for March-May due to El Nino: UN
    El Nino, the large-scale warming of surface temperatures in the central and eastern equatorial Pacific Ocean, typically has the greatest impact on the global climate in the year after it develops, in this instance 2024. The weather phenomenon occurs on average every two to seven years, and episodes typically last nine to 12 months.

No posts found.

  • Gaza detainees released by Israel report abuse, says UNRWA
    UNRWA chief's comments capped a tumultuous day during which Israel and UNRWA have traded accusations, with Israel accusing the agency of having employed more than 450 "terrorists." Israel also recalled its ambassador to the UN for consultations after the country accused the organization of failing to adequately address claims of sexual violence against Israelis.

    Detainees subjected to a "broad range of ill treatment" including threats of electrocution

    UNRWA said Israeli authorities had "detained several of its staff from the Gaza Strip"

No posts found.

  •
    China sets ambitious 5 percent growth target for 2024
    Premier Li Qiang formally announced the growth objective, alongside the overall budget and key government policies for 2024, at China's annual National People's Congress (NPC), which kicked off Tuesday morning. A budget report indicated China's military spending - second only to the United States' - would rise by 7.2 percent.

No posts found.

  • Israel strike kills 3 Hizbollah-affiliated paramedics in Lebanon
    According to the Hizbollah-affiliated Islamic Health Committee, three volunteer paramedics died "due to a direct Zionist attack on an emergency centre" in south Lebanon's Adaysseh. The armed group later said its fighters targeted Gesher Haziv "with batches of Katyusha rockets" in retaliation.

    Israeli said it struck Hizbollah targets including "military compounds"

    Hizbollah and Israel have been exchanging near-daily fire since October 7

  •

    Saudi camel beauty pageant hit by cheating

    The King Abdulaziz Camel Festival is an annual bedouin event held in the desert northeast of Riyadh that lures breeders from around the Gulf with prize money of up to $66 million.
    Arts & Culture
  •
    Economy
  • The international oil bloc’s technical team constantly monitors variables in global oil markets and presents its recommendations to the ministerial committee to make appropriate decisions, which can...
    By TRENDS STAFF

Latest news

No posts found.

No posts found.

Most Read

No posts found.

Latest News

    • Trends Mena

      Economy
    • The international oil bloc’s technical team constantly monitors variables in global oil markets and presents its recommendations to the ministerial committee to make appropriate decisions, which can...

    Latest news

    No posts found.

    No posts found.

    EDITOR'S PICK

    No posts found.

    Latest News